Relevant Event. The Company, the Founders and the Significant [Quotaholders/Shareholders], each within their respective capacities, agree to ensure that the Investor [Quota/Shares] is offered for subscription to the Investor, utilizing the Targeted Reserve, upon the occurrence of any of the following events: an Investment Round; a Liquidity Event; and, in the absence of (a) or (b), the expiration of a period of [•]7 months from the date of signing this Agreement (the “Longstop Date”); (each, a “Relevant Event”). Upon the occurrence of a Relevant Event, the Investor shall be entitled to hold the Investor [Quota/Shares], which shall be calculated as follows: In the event of an Investment Round or Liquidity Event Where:
Appears in 2 contracts
Sources: Subscription Agreement for Future Equity (Safe), Subscription Agreement for Future Equity (Safe)